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Manufacturer demands 150% water import duty
THE Government should set tariffs as high as 150 per cent on imported bottled water, a local manufacturer arguing that “hundreds of jobs” could be created from such a policy.
DOUBLE DIP: COVID fallout sees two-point downgrade
The “extraordinary beating” inflicted upon the tourism industry by COVID-19 was critical in Moody’s decision yesterday to strip The Bahamas of its ‘investment grade’ credit rating, the deputy prime minister says.
Population density is the problem
Prime Minister Dr Hubert Minnis’ revelation to the country that one out of 100 Nassuvians has been infected with COVID-19 is evidence that the current restrictive measures have failed miserably to curb the spread of the deadly virus, which has claimed the lives of 96 Bahamians.
BTC mobile rival must beat 1% dropped calls
The winning bidder for the second cellular licence is being required to meet higher service standards than the Bahamas Telecommunications Company (BTC) from the off, as it must achieve a monthly ‘dropped calls’ average of less than 1 per cent.
Four more COVID deaths
FOUR more COVID-19 deaths have been added to the nation’s tally, bringing the figure to 467.
Bahamas Hoopfest to honour Waltiea Rolle
ANOTHER event is set to be added to the list of NCAA Division I basketball tournaments hosted in the Bahamas during the Thanksgiving holiday weekend.
Stingrays take opener
If the regular season was any indication, the PJ’s Cleaning Services Stingers feel they should have no problem dealing with the Y-Care Wreckers in their New Providence Basketball Association men’s first round best-of-five playoff series.
BEC: Its 35% 'too high' heat rate costs millions
The Bahamas Electricity Corporation (BEC) could generate multi-million dollar savings for its long-suffering customers by simply bringing its fuel burning efficiency in to line with the global industry average, it was revealed yesterday.
Giants beat Bradley University 77-74
THE Bahamas Basketball Federation’s ‘Summer of Thunder’ is just over three weeks in and local teams have already achieved unprecedented success, with three wins in the summer-long series against top tier NCAA Division I teams.
Desmond Bannister's mother dies, aged 82
THE Free National Movement offered condolences to Minister of Works Desmond Bannister yesterday on the death of his 82-year-old mother Joyce. “On behalf of the leader, Prime Minister Dr Hubert Minnis, Deputy Leader K Peter Turnquest, Chairman Carl C
PI condo seizure awaits court nod
The receiver for an alleged $22.6 million fraud is waiting on the Supreme Court to authorise his seizure of an Ocean Club Estates condo belonging to two Paradise Island residents.
PI residents face losing condo over alleged $22m fraud
Two Paradise Island residents accused of committing a $22 million fraud may lose their multi-million dollar Ocean Club condominium home after the Court of Appeal ruled in favour of the receiver for their alleged scheme.
Night club disturbing the peace
Thank you for this opportunity to publicly address a menace that has been plaguing residents of Misty and Pastel Gardens for a very long time.
Realtor fear on 50% permanent residency rise
Realtors last night described the Government’s revised plans to increase the permanent residency threshold by 50 per cent, from $500,000 to $750,000, as “bad news” and something to “head off”.Brent Symonette, minister of financial services, yesterday
Bahamas faces recession if US falls over ‘fiscal cliff’
The US could tip the Bahamian economy back into recession within eight months unless Washington reaches a deal by tonight to avert its so-called ‘fiscal cliff’, a former finance minister has warned.
Dropping air routes 'not political move'
BAHAMASAIR General Manager Henry Woods yesterday dismissed claims that the decision to drop routes to Treasure Cay was a politically motivated punitive measure.
Family Island resorts suffer mixed Xmas
OCCUPANCIES at Out Island resorts for the Christmas period and into the New Year appear to be mixed, with one major property forecasting strong performance, while another said its guest business was in the
$4.1bn pension liability a ‘Titanic-sinking iceberg’
The Government’s unfunded public sector pension liabilities will hit $4.1 billion by 2032 without proper reform, a leading accounting firm yesterday describing this as “unsustainable” and akin to “the iceberg that sank the Titanic”.
'12 still missing' after fatal voyage
THE Haitian community is “utterly dismayed” and trying to understand what happened on a voyage that ended in rough seas last week with 12 persons of an estimated 200 missing, social activist Rodney Moncur said yesterday.
Wilson, Burrows help Tigers claim their fifth AUS title
JORDAN Wilson and Shamar Burrows helped the Dalhousie Tigers claim their fifth AUS Conference title in the last six years and earned a spot in the U Sports National Championship.In a weekend filled with Bahamian talent on the floor for three differen